Market Data & Token Stats
| Fully Diluted Valuation | $9.97M |
|---|---|
| 24H Trading Volume | $1.42M |
| 24H Low / High | $2.98 / $3.18 |
| Circulating Supply | 3.28M |
| Total Supply | 3.28M |
| Max Supply | ∞ |
Market Health Signals
| Vol / MC Ratio | 14.26% High |
|---|---|
| Circulating Ratio | 100.00% Very High |
Key Project Information
| Categories | Decentralized Finance (DeFi) 6 more |
|---|---|
| Founder | Mona El Isa 1 more |
| Website | enzyme.finance Whitepaper |
| Socials | 4 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Arkm 4 more |
| Contracts |
0xec6....91892
2 more
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Enzyme (mln) Expert User Reviews
Is Enzyme safe or a scam? Read verified Crypto OG reviews about Enzyme
$mln Markets
| Name | Pair | OG Score |
|---|
About Enzyme
Enzyme Finance, formerly known as Melon, stands at the forefront of decentralized finance (DeFi) solutions, offering a robust protocol for digital asset management on the Ethereum platform. Let's delve into the key aspects of Enzyme Finance and understand its significance in the evolving landscape of blockchain-based finance.
Introduction to Enzyme Finance (MLN)
Enzyme Finance was conceived by Melonport, a company founded in 2016 by Mona El Isa and Rito Trinkler. The platform has undergone a transformation, rebranding itself as Enzyme. The native token, MLN, fuels the Enzyme ecosystem and serves various functions within the platform.
Buying and Trading MLN Tokens
MLN tokens, integral to the Enzyme network, can be acquired through centralized cryptocurrency exchanges. Binance, a leading exchange, is a popular choice for buying and trading MLN, providing users with seamless access to this essential token.
Enzyme's Core Functionality
At its core, Enzyme operates as a blockchain protocol facilitating digital asset management on the Ethereum platform. The platform empowers users to create, manage and invest in digital asset management strategies in a decentralized and competitive manner.
The Role of MLN Token in Enzyme
MLN, the Ethereum token underpinning Enzyme, plays a pivotal role in the platform's ecosystem. It enables users to build, share and explore DeFi investment strategies, known as "vaults." MLN is used to pay for various functions throughout the vault creation process and investment lifecycle.
How Enzyme Works: A Closer Look
Enzyme functions through a network of vaults, each representing a unique portfolio with distinct strategies and goals. Users can customize multiple vaults, benefitting from tools for managing and monitoring portfolios, real-time reporting and performance dashboards.
Potential Use Cases for Enzyme
Enzyme's versatility extends to a myriad of use cases. From simplifying treasury management for organizations to facilitating the creation of on-chain DeFi funds, Enzyme provides a one-stop solution for operational efficiency and transparency. Users can also construct custom indexes and explore investment strategies spanning traditional allocations to DeFi-native combinations.
History and Evolution of Enzyme
Originally known as the Melon Protocol, Enzyme emerged from the private company Melonport. Following Melonport's dissolution, the protocol transitioned to the Enzyme Council. Enzyme has been operational on the mainnet since February 2019, pioneering decentralized governance. The launch of Enzyme v2 in January 2021 marked a significant milestone, introducing a re-architected protocol with modularity and extensibility as its core principles.
In conclusion, Enzyme Finance stands as a testament to the transformative capabilities of DeFi, offering users a comprehensive platform for digital asset management. As the ecosystem continues to evolve, Enzyme remains a key player in shaping the future of decentralized finance.
What is unique about Enzyme (MLN)?
Enzyme Finance, formerly Melon Protocol, offers a decentralized blockchain protocol for digital asset management on Ethereum, providing a unified and user-friendly platform for creating, managing and investing in customizable DeFi strategies known as "vaults." With robust risk management tools and transparent, auditable data pipelines, Enzyme aims to streamline crypto and DeFi asset management while promoting transparency and eliminating operational risks.
Who are the founders of Enzyme (MLN)?
Enzyme Finance, initially developed by Melonport, was founded in 2016 by Mona El Isa, a former Goldman Sachs vice president and mathematician Rito Trinkler. The platform has since rebranded to Enzyme, with the Enzyme Council overseeing its development after the dissolution of Melonport.
Where can I buy Enzyme (MLN)?
You can buy Enzyme (MLN) on Binance, Coinbase, Gate.io, MEXC, Kraken cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Enzyme Official Website, Enzyme Whitepaper, Enzyme GitHub Repository and Enzyme X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
Join
OGAudit
